Market Volatility: How Warren Buffet Manages It
By Doug J. Eaton “He (the investor) can be hurt by such volatility only if he is forced, by either financial or psychological pressures, to sell at untoward times.” Warren Buffet, 1987 A Question: What is $347,000,000? (answer later). History suggests that the longer our time horizon, the less near-term volatility ends up becoming real long-term …